Question
Suppose Hopewell Corporation has the following results related to cash flows for 2019: Net Income of $8,600,000 Decrease in Accounts Payable of $100,000 Decrease in
Suppose Hopewell Corporation has the following results related to cash flows for 2019:
Net Income of $8,600,000 Decrease in Accounts Payable of $100,000 Decrease in Accounts Receivable of $400,000 Increase in Debt of $200,000 Depreciation Expenses of $1,400,000 Dividends Paid of $700,000 Increase in Inventory of $600,000 Purchases of Property, Plant, & Equipment of $7,800,000 Other Adjustments from Financing Activities of $300,000 Other Adjustments from Investing Activities of -$800,000 Other Adjustments from Operating Activities of $700,000
Create a statement of cash flows with amounts in thousands.
What is the Net Cash Flow?
Note: Financial results are provided in dollars but the income statement units are thousands of dollars.
Please specify your answer in the same units as the statement of cash flows (i.e., enter the number from your completed statement of cash flows).
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